By: Dan Hueber – We seemed to experience some type of domino effect in the grain and soy markets yesterday. Heightened concerns about the dry and deteriorating conditions in wheat country encouraged short covering in that market which tipped over to awaken a few slumbering shorts in the corn to…
Commentary
Afternoon Market Recap
By: Patrick McRae – Grain markets put on net positive gains for the day. The initial reactions were presumably from drying conditions being forecasted in South America. Export expectations for tomorrow are looking for corn exports of 800k – 1.2 M for old and 200k – 400k for new and…